Annual report pursuant to Section 13 and 15(d)

Mortgages Receivable (Tables)

v3.20.1
Mortgages Receivable (Tables)
12 Months Ended
Dec. 31, 2019
Mortgages Receivable  
Schedule of credit risk profile

Credit risk profile based on loan activity as of December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding

 

    

Residential

    

Commercial

    

Land

    

Mixed Use

    

Mortgages

December 31, 2018

 

$

52,980,472

 

$

19,250,618

 

$

5,638,113

 

$

1,021,907

 

$

78,891,110

December 31, 2019

 

$

71,605,920

 

$

16,122,990

 

$

5,639,979

 

$

979,800

 

$

94,348,689

 

Schedule of maturities of mortgage loans receivable

As of December 31, 2019, the following is the maturities of mortgages receivable for the years ending December 31:

 

 

 

 

 

2020

    

$

71,083,639

2021

 

 

13,743,477

2022

 

 

9,249,089

2023

 

 

272,484

Total

 

$

94,348,689